Home Depot (HD) Tops Expectations, Goldman Expects Positive Market Reaction

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Home Depot (HD) PT Lowered to $392 at Jefferies

August 17, 2022 7:58 AM EDT

Jefferies analyst Jonathan Matuszewski lowered the price target on Home Depot (NYSE: HD) to $392.00 (from $400.00) while maintaining a Buy rating.

The analyst commented, "Following our initial take on 2Q (here), we came away from the call encouraged by broad-based strength across geographies & merchandise categories. With... More